Cantor Fitzgerald Chairman Brandon Lutnick Says He Personally Checked Tether’s Reserves

Cantor Fitzgerald Chairman Brandon Lutnick Says He Personally Checked Tether’s Reserves

Cantor Fitzgerald Chairman Brandon Lutnick personally verified Tether’s reserves when the firm began its relationship with the stablecoin giant, he said on Wednesday at Consensus 2025 in Toronto.The 27-year-old said that in the early days of Cantor Fitzgerald and Tether’s relationship, there were “a lot of rumors” that Tether didn’t have the assets it claimed to have, referring to then-rampant speculation that Tether was not fully backed. New Yo…

Tether Buys $459 Million In Crypto, Launches New Bitcoin Treasury Company

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Tether Buys $459 Million In Crypto, Launches New Bitcoin Treasury Company – altnews.org

Cantor Equity Partners, Inc. revealed in a new filing with the SEC yesterday that Tether bought 4,812.2 Bitcoin for a total of

Twenty One Capital Rises as a Leading Bitcoin Powerhouse Following Tether’s $459M Purchase - The Cryptocurrency Post

TL;DR Strategic Bitcoin Boost: Tether’s $459M purchase of nearly 4,812.2 BTC has propelled Twenty One Capital into the spotlight as the third largest corporate Bitcoin holder. Massive Holdings Growth: The acquisition raised Twenty One Capital’s Bitcoin reserves to 36,312 BTC, with a current valuation of about $3.46 billion. Innovative Industry Play: Backed by stalwarts like Tether, Bitfinex, and SoftBank, the move reinforces investor confidence…

Tether has just acquired nearly half a billion dollars in bitcoin as part of a major strategic operation. This transaction is preparing for the launch of Twenty One, a new Bitcoin cash company that is about to enter Nasdaq via a PSPC merger. A manoeuvre that could redefine the standards of corporate management of cryptos. The Tether article invests $459 million in Bitcoin to propel its new company Twenty One has appeared first on Cointribune.

Tether Goes Shopping: $459 Million In Bitcoin Secured For Twenty One Capital

A major stablecoin issuer has just put nearly half a billion dollars into Bitcoin. According to a filing with the US Securities and Exchange Commission on May 13, Tether bought 4,812 BTC at an average price of $95,319 each on May 9. That adds nearly $460 million of Bitcoin to a special escrow wallet tied to Twenty One Capital, a firm backed by Tether that is working toward a SPAC merger with Cantor Equity Partners. Tether’s Bold Bitcoin Move Bas…